Wheels Up Experience (UP)
Connecting private-aviation membership and charter access with Delta travel benefits.
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Membership programs and charter flights provide private-aircraft access through a technology-enabled marketplace. The Signature Program’s premium jet fleet and Delta-linked commercial-travel benefits define the current offering.
Membership programs and charter flights provide access to private aircraft through a technology-enabled marketplace. The current Signature Program is supported by a premium jet fleet after the company completed its shift away from legacy programs and fleets. The offering originated in a membership model and was broadened after the Delta Private Jets combination.
Connections with Delta’s premium commercial-travel ecosystem include eligibility for Medallion status, SkyMiles accrual, and specified use of eligible Wheels Up Fund balances. Programmatic and charter demand now sit alongside that partnership; its operating fleet has been consolidated under WUPJ’s single FAA operating certificate.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
No analyst notes in the last 24 months.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $86.3M · Total debt $714.4M · Total assets $926.6M · Shareholders' equity −$560.3M
- Revenue
- $182.0M
- Operating income
- −$74.6M
- Net income
- −$107.2M
No dividends on record.
| Institutions | 81.66% | 29.62M shares | |
|---|---|---|---|
| 64 holders · as of Jun 30, 2026 | |||
| Insiders | 1.94% | 704.4K shares | |
| 14 holders · as of Sep 11, 2026 | |||
| Other | 16.40% | 5.95M shares | |
| remainder | |||
36.28M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
A stock split fell inside the quarter, so quarter-on-quarter changes are not shown.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Delta Air Lines, Inc.Institution | 36.30% | 13.17M | as of Jun 30, 2026 |
Knighthead Capital Management, LLCInstitution | 35.58% | 12.91M | as of Jun 30, 2026 |
Whitebox Advisors LLCInstitution | 2.82% | 1.02M | as of Jun 30, 2026 |
Kore Advisors LPInstitution | 2.12% | 770,231 | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 1.08% | 391,189 | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 8, 2026 | Meaghan Danielle Wells | officer: Chief Growth Officer | −923 | $4.39 |
| Aug 31, 2026 | CK Wheels LLC | 10 percent owner | −9,363 | $4.61 |
| Aug 10, 2026 | Meaghan Danielle Wells | officer: Chief Growth Officer | −4,358 | $5.41 |
| Jun 23, 2026 | CK Wheels LLC | 10 percent owner | −100 | $7.00 |
| Jun 18, 2026 | CK Wheels LLC | 10 percent owner | −27,524 | $8.05 |
- flyExclusive
Fractional, Jet Club and charter programs overlap in U.S. private aviation
- Surf Air Mobility
On-demand private-charter platform for larger-cabin and longer trips
- Joby Aviation
Blade's charter-broker operation serves premium urban and fixed-wing flyers
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Wheels Up Experience | $3.79 | +3.55% | $132.7M | — | — | 0.2 | −4.0% |
| flyExclusive | $1.27 | +2.02% | $100.1M | — | — | 0.2 | +21.7% |
| Surf Air Mobility | $0.7701 | +14.91% | $74.4M | — | — | 0.7 | +7.6% |
| Joby Aviation | $6.38 | −0.55% | $6.31B | — | — | 54.2 | +257,493.3% |
| Median | — | — | 0.7 | +21.7% |





